Bitcoin (BTC) continues to dominate the cryptocurrency landscape in 2025, with its price reaching record highs. The surge in ...
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Hosted on MSNTesla made $600 million in Bitcoin profits during Q4 of 2024Elon Musk’s company Tesla made a killing with Bitcoin, pulling in a $600 million profit in the fourth quarter of 2024 without ...
Crypto on The Street on MSN13d
Tesla did not increase its Bitcoin holdings but reports $600 million Q4 gainsTesla’s latest SEC filing confirms it still holds 11,509 BTC, valued at $1.1 billion, but has not increased its Bitcoin ...
Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that ...
Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. However, a few days later, Tesla took a step ...
Bitcoin made up a big chunk of Tesla's profits last quarter because of an accounting rule change that allowed the automaker to report its unrealized gains on the cryptocurrency as income in its ...
Viking Global Investors' billionaire chief kicked Tesla to the curb in the December-ended quarter in favor of an ...
Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin holdings was for GAAP purposes and would have had no effect on adjusted EPS.
Elon Musk owns Bitcoin, Ethereum, and Dogecoin, with the DOGE being his favorite c. What else do we know about Musk’s crypto ...
Tesla has not increased its Bitcoin holdings but instead reported a $600 million gain from its existing 11,509 BTC in the fourth quarter 2024, according to its latest Securities and Exchange ...
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